Venezuela's Economy Was Already In Tatters. The Cost Of The Earthquakes Will Make It Plunge More.

Source: International Business Times

Venezuela's death toll climbs to 2,595 as rescue efforts continue. Getty Images The United Nations estimated that direct physical damage from the twin earthquakes that rocked Venezuela amount to 6% of its gross domestic product. CNBC noted that risk modeler Verisk estimated the total economic losses to be much higher, topping $10 billion.